Chairman and Managing Director
R1 CORP LIMITED
Rohit Pandit is a member of:
Could you tell us briefly about your family background?
I was born to an Architect Mother and a real estate developer father. Both very well known in Pune, Maharashtra, India. Both my parents were very active in social service and have done 354 cataract operations for the poor people totally free of cost. Unfortunately I lost both of them in an accident
I would never make hasty decisions that I made when I was new in business. Now I am more balanced and think deeply, previously I was aggressive and often took un calculated risk
Today my group is a leading real estate brand of Africa, a brand associated with quality work, integrity and honesty.
I believe people should study failure stories rather than aping success stories. Autobiographies of Dhirubhai Ambani, Ratan Tata, Steve Jobs and Bill Gates are worth reading
Changes In The Professional Environment:
Initially the real estate business was not corporate, nobody was professional. The developers never gave importance to classy building designs and quality, we have been instrumental in bringing about a lot of change in the industry. Very few groups from India have gone global in real estate
Working Life Management:
I have a strict rule, office work is left back after office is over. Saturdays and Sundays and holidays only for family
Advice For New Professionals:
Always develop a lot of patience, stick to your principals and work hard. Dont run behind success or money, work so hard that success and money comes to you automatically
Being the owner of the group, I feel I am responsible for my entire team, their career growth and fulfilling their ambitions
Always follow your dreams and work towards realizing them, I started with zero investment and looking back I feel have not done bad at all
The Decisions That Matter
I always stayed in the career I loved: Real estate, though the real estate industry was going through a bad phase I always stuck to doing what I loved the most, building homes, landmarks!
Plans For The Future:
We are looking at venturing into real estate markets of the USA and Canada in the near future
Degrees That Matter:
A Civil Engineering Degree followed by an MBA certification is ideal
Dhirubhai Ambani has inspired me by his business philosophy, the way he did business keeping growth of the common man in mind was marvellous
I head the entire group and look into each and every function of the group at a micro and macro level